EGT raises stake in wind monitoring firm Anemos to 79% for £40K
What's the deal? European Green Transition plc (EGT), listed on London's AIM market, has acquired an additional 27% stake in Anemos Analytics, a Scotland-based wind turbine monitoring software company. The deal lifts EGT's total ownership from 52% to 79%.
The increased stake came through a nominal equity subscription tied to a £40,000 intercompany working capital facility. EGT said the funds resolved short-term creditor obligations left over after Anemos was undercapitalised during the liquidation of its former parent, Arena Capital Partners (ACP).
Anemos uses tri-axial sensors and high-frequency data capture to provide round-the-clock turbine monitoring, helping operators detect degradation early and schedule maintenance proactively. It currently monitors 119 turbines across the UK on five-year contracts, with 11 more installations in the pipeline.
Why now? EGT first acquired its 52% interest in February 2026 as part of a larger purchase of the Wind Energy Services group from ACP's liquidators. ACP entered insolvency in Ireland in September 2025 — just five months after Anemos began trading. All historic debt owed by Anemos to ACP was extinguished in that deal.
The £40,000 injection to pick up another 27% is a low-cost move to consolidate control of a company that was effectively orphaned by its parent's collapse.
What could go wrong? Anemos is still loss-making. It posted roughly £210,000 in revenue but a £120,000 EBITDA loss in its first year, which EGT attributed to one-off setup costs. The broader Wind Energy Services business generated approximately £14.7M in revenue and £900,000 in adjusted EBITDA for the year ended December 31, 2025 — but those figures are unaudited.
The company also flagged ambitions to expand into hydropower, shipping, and other industrial applications — sectors where it has no track record yet.
The signal: This is a bet on the ageing UK onshore wind fleet. As turbines get older, predictive maintenance becomes more valuable. "We believe Anemos is well positioned to play a key role in extending the operational life and reliability of ageing wind fleets across the UK," said Cathal Friel, EGT's co-founder and executive chair.
EGT is integrating Anemos into its Wind Energy Services unit alongside its Earthmill subsidiary, which handles turbine maintenance and repair. If the synergies materialise, a £40,000 outlay for majority control of a software layer sitting atop a physical services business could prove shrewd.
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